Market Snapshot 4/11/24- A Tough Day
Good Thursday Morning from your Hometown Lender, Well, yesterday was a tough day. CPI missed expectations by an inch (less than .1%) and markets blew up. Selling begot more selling…
Market Snapshot 4/9/24- Seems To Be Improving
Good Tuesday Morning from your Hometown Lender, On no news, the bond market seems to be improving. The 10yr is back to 4.37% and mortgage bonds are +16bps. Pretty much…
Market Snapshot 4/8/24- Can’t Get A Break
Good Monday Morning from your Hometown Lender, We can’t get a break, yet. No data today but the bond market is all a flutter over recent Fed comments that span…
Market Snapshot 4/5/24- Here We Go Again
Good Morning on this Friday from your Hometown Lender, Here we go again: The March US payrolls data is out and blew by expectations…again. Markets were looking for 214k new…
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